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Updated about 4 years ago,
VIRGINIA Section 8/Affordable housing question
Alright S8 wizards. We are on a ratified contract for a duplex (3/1 each side) in Petersburg, VA. Current rents are $700, but market is around $900. However, in looking at different strategies for this property, Affordable Housing may be an option. The link shows $1,340 for a 3 bedroom --> https://www.petersburgrha.org/...
So, how does one go about navigating these waters? Do you market the unit(s) at $1,200-$1,400 and note that vouchers are welcome to apply?
Thanks for your insight!